Sec. 9.5. Successor developers.
30 words·~1 min read·
/il/chapter-765/act-605/9-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 9.5. Successor developers. Any assignment of a developer's interest in the property is not effective until the successor:
(i)obtains the assignment in writing; and
(ii)records the assignment.